Kuraray Decides to Cancel Treasury Shares Following Board Meeting

TOKYO, May 13 (Pulse News Wire) – Kuraray CO.,LTD. (3405.T) announced today that its board of directors, held , resolved to cancel treasury shares based on Article 178 of the Companies Act.

The company previously disclosed the intention to cancel treasury shares in a notice dated March 25, 2026. According to the resolution, Kuraray will cancel a total of 5,830,000 ordinary shares, representing 1.89% of the outstanding shares prior to cancellation. The cancellation is scheduled to take place on May 29, 2026.

Following the cancellation, the number of outstanding shares will be reduced to 302,133,603. Additionally, the remaining treasury shares will amount to 836,270. It should be noted that the figure for remaining treasury shares is calculated based on the holdings as of May 29, 2026.